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29 Sep 2016 16:33
This announcement contains inside information
Accrol Group Holdings plc (the "Company" or "Accrol")
Director's Dealing
Accrol Group Holdings plc, the AIM listed leading independent tissue converter, is pleased to announce that is has been notified that Stephen Crossley, CEO of Accrol, has purchased 100,000 ordinary shares of £0.001 each ("Ordinary Shares") via his SIPP on 29th September 2016 at a price of 132p per Ordinary Share.
Following this transaction, Stephen has an interest in 100,000 Ordinary Shares, representing approximately 0.1 per cent. of the Company's issued Ordinary Share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Stephen Crossley | ||||
2 | Reason for the notification | |||||
a) | Position/status | CEO | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Accrol Group Holdings plc | ||||
b) | LEI | (Pending) | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.001
ISIN: GB00BZ6VT592 | ||||
b) | Nature of the transaction | Purchase of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 29th September 2016 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
For further information please contact: | |
Zeus Capital Limited (Nominated Adviser & Broker) | |
Dan Bate / Jonathan Sharp | Tel: +44 (0) 161 831 1512 |
Dominic King / Adam Pollock / Mike Seabrook | Tel: +44 (0) 20 3829 5000 |
Camarco (Media enquiries) | |
Jennifer Renwick / Billy Clegg | Tel: +44 (0) 203 757 4994 |
Notes to Editors
Accrol manufactures toilet rolls, kitchen rolls and facial tissues as well as other tissue products at the Company's 350,000 sq. ft. manufacturing, storage and distribution facility in Blackburn, Lancashire. Accrol currently manufactures approximately 16 million units per week and supplies some of the UK's largest retailers, providing both Accrol branded and Private Label products.
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